Gas prices
Third most expensive tank year – 2025 could be a little cheaper
In 2024, fuel prices will have eased somewhat after the extremes of previous years. What happens next in 2025 depends primarily on the price of oil – and there is some hope for drivers.
The current tank year was the third most expensive since measurements began. According to an ADAC projection, on a national average, E10 premium gasoline cost 1.74 euros per liter, and diesel 1.65 euros. That’s around 5 cents less for E10 than last year, and 7 cents less for diesel. And 2025 could be a little cheaper again.
ADAC fuel market expert Christian Laberer currently expects fuel prices to move sideways. “As long as there are no further major crises, not much will happen,” he says. Since fuel is currently a few cents cheaper than the annual average for 2024, this would mean that 2025 could be cheaper overall. “Old price levels of 1.30 or 1.40 euros per liter of gasoline are hardly conceivable,” says the expert.
In principle, forecasts for the fuel price market are difficult, as Laberer emphasizes. In addition to the price of oil, the exchange rate between the dollar and the euro plays a particularly important role.
When it comes to oil, things don’t look bad from a driver’s perspective. It is currently cheaper than it was in the spring, and many experts do not expect a sustained increase in the coming year either – partly because there is no demand from China. “The times when China was the driver of global oil demand are likely to be over,” says Commerzbank expert Carsten Fritsch.
A small increase is almost certain
A small change is already foreseeable for the coming year: If the C02 price rises from 45 to 55 euros per ton on January 1st, this should also be noticeable at the pump. That works out to around three cents per liter.
However, an exact jump of three cents on the first day of the new year is unlikely. Experience has shown that a smooth transition is to be expected. In addition, this price aspect can be overshadowed by other developments. If you want to save on fuel, you might want to fill up your tank this year. “It’s best in the evening,” advises Laberer: “Then the fuel is usually a few cents cheaper than in the morning.”
dpa
Source: Stern
